Santa Barbara, CA 93101,509 Coronel PL
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Santa Barbara, CA 93101,509 Coronel PL,Video Tour
Santa Barbara, CA 93101,509 Coronel PL
Santa Barbara, CA 93101,509 Coronel PL
Santa Barbara, CA 93101,509 Coronel PL
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Listed by Anthony Bordin • Berkshire Hathaway HomeServices California Properties
$ 1,399,000
Est. payment /mo
Price Dropped by $101K

509 Coronel PL Santa Barbara, CA 93101

2 Beds

1 Bath

862 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 862 sqft

Price per Sqft $1,622

MLS Listing ID CRV1-24680

Style Cottage,Craftsman,Ranch

Bedrooms 2

Full Baths 1

Originating Board California Regional MLS

Year Built 1881

Property Sub-Type Single Family Home

Property Description

In conclusion, 509 Coronel Place represents an extraordinary real estate opportunity in Santa Barbara, offering a combination of immediate usability, strong income potential, and significant development possibilities. The existing 2-bedroom, 1-bathroom California cottage provides a move-in-ready option for an owner-user while offering ample room for expansion and redevelopment. The R-4 zoning designation allows for high-density residential construction, making this an attractive option for investors seeking to build multi-unit housing in a city with high demand and limited supply. Whether the goal is to develop a small apartment complex, luxury townhomes, or a mixed-use property, the possibilities for maximizing this property's value are vast. With Santa Barbara's real estate market continuing to thrive, now is the perfect time to invest in a property with such unique potential. 509 Coronel Place offers the rare combination of a prime location, flexible development options, and strong appreciation potential, making it one of the best investment opportunities available in Santa Barbara today. Whether for personal use, rental income, or large-scale development, this property stands out as a top-tier investment that will continue to increase in value over time, providing both financ

Location

State CA

County Santa Barbara

Area Vc81 - Santa Barbara

Zoning R-4

Rooms

Family Room Other

Dining Room Formal Dining Room

Kitchen Other, Oven Range - Gas, Refrigerator, Oven - Gas

Interior

Heating Forced Air, Gas, Central Forced Air

Cooling None

Fireplaces Type None

Laundry In Laundry Room, Other, 38

Exterior

Parking Features Garage, Off-Street Parking, Other

Garage Spaces 1.0

Fence Other, Wood, Cross Fenced

Pool 31, None

Utilities Available Other

View None

Roof Type Composition

Building

Lot Description Grade - Level

Story One Story

Foundation Pillars / Posts / Piers, Raised

Water Other, Hot Water, Heater - Gas, District - Public

Architectural Style Cottage, Craftsman, Ranch

Others

Tax ID 037180012

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
agent

Jace Hider

Broker Associate | License ID: 01296994

+1(669) 777-6500

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509 Coronel PL